Bitcoin boxed in below key cost bases as ETF flows turn negative

Bitcoin is being pulled between overhead supply from recent buyers and support from spot demand and order-book bids, according to Glassnode Research’s Oct. 14, 2026 report. At the quoted price of $81,695 on Oct. 14, the asset sits below Glassnode’s estimated cost bases for buyers from the past two years, while remaining above a cluster of on-chain and market support levels that have so far limited deeper weakness. Glassnode said coins bought 6 to 12 months ago have an estimated cost basis near $88,000, while coins bought 1 to 2 years ago sit closer to $100,000, using daily on-chain data…